42 Main Road, Tiverton, Rhode Island 02878
Listed By The Greene Realty Group
The Multi Family Home for Sale located at Tiverton, Rhode Island 02878 is currently for sale. Tiverton, Rhode Island 02878 is listed for $1,399,000. This property has 6 bedrooms, 4 bathrooms, Total Parking features. If the property located at Tiverton, Rhode Island 02878 isn't what you're looking for, visit https://www.rilivingglobal.com to see other Multi Family Homes for Sale in Tiverton .
Date Updated : May 14, 2025
MLS#: 1384692
$1,399,000 USD
- TypeMulti Family Home
- Bedrooms6
- Bathrooms4
Property features
Key features
- Total Parking
Construction details
- Year built: 1949
Other features
- Property features: Attic
- Appliances: Oven / Range Washer Refrigerator Dryer
- Cooling system: Heat Pump
- Heating system: Natural Gas Central
Area
- Land/Lot size:
2,428 m² (26,136 ft²) - Bedrooms: 6
- Bathrooms: 4
- Total rooms: 10
Description
42-46 Main Road offers a rare opportunity to acquire a large, mixed-use commercial and residential building located in the heart of Tiverton, RI. Boasting a total usable space of approximately 20,000 square feet, including an oversized basement with high ceilings, this property offers significant potential for both investors and owner-occupiers.
The building includes two commercial units on the first floor (currently vacant) and three spacious residential apartments on the upper floors. With numerous updates underway and new roofing being delivered at sale, the property is primed for immediate use or further development.
Property Details:
Total Square Footage (Including Basement): ~22,000 SF
Total leasable square footage (GLA) 20,000 SF
Residential Units: 3
(1) Oversized 4-bedroom apartment
(2) Large 2-bedroom apartments
Commercial Units: 2 (First Floor, Vacant)
Lot Size: 0.601 Acres
Ceiling Heights: Oversized throughout, including basement
Zoning: General Commercial / Mixed Use
Recent & Planned Updates
New/Updated Roofing to be completed prior to sale
Existing fire alarm system rough-in completed
Ongoing cleanup and cosmetic improvements
Strong Upside Potential: Nearby comparable properties are listed at $110-$213/SF. This property is currently priced at just $98/SF, offering room for appreciation.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.